As the month draws to a close, it’s essential to look back and reflect on the top news stories that had a significant impact on the Kent business world. Kent has always been a hub for commerce and trade, making it crucial to keep up with the latest news and developments.
Here are the top five Kent business news stories that made the headlines this month.
1. New housing project in Ashford
Ashford Borough Council has granted permission for a new 300-home development on the outskirts of the town. The project aims to provide affordable housing to the local community while also boosting economic growth. With construction set to start soon, this development is predicted to have a significant impact on the local economy, creating new jobs and revitalizing the area.
2. Kent’s Road to Recovery
The Kent and Meditation Chamber of Commerce has launched its Kent Recovery Plan to assist in the county’s economic recovery. The plan focuses on areas such as digital innovation, training and education, and supporting local businesses. By stimulating growth and innovation, the county can more effectively face the challenges of the post-COVID business landscape.
3. Office Space Reopening
As the UK’s workforce emerges from lockdown, businesses are reopening their offices to workers. Kent’s office space providers are reporting a considerable increase in demand for flexible office space. With many businesses looking to operate on a hybrid model that combines remote work with office space, the demand for flexible office space is expected to surge.
4. Brexit’s Impact on Kent
Brexit has brought significant changes to businesses in Kent. With the UK leaving the EU, new measures have come in place, resulting in delays for Kent businesses importing and exporting goods. The county is also grappling with new regulations on immigration and travel. The impact of Brexit on Kent’s economy will continue to be felt for years to come.
5. Canterbury’s New Retail Development
Canterbury’s new £25m Riverside retail development is set to be completed later this year. The project will add 12 restaurants, 43 upscale shops, and a 630-space car park to the city’s economy. The Riverside project is expected to boost Canterbury’s tourism industry and create new job opportunities, making it a significant development for the city.
In conclusion, the Kent business world has undergone significant changes this month, with developments ranging from new housing projects, Brexit’s impact on businesses, and office space reopening. These stories highlight the resilience and strength of Kent’s business community and offer hope for future growth and prosperity.
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